Swiss Re will consolidate 10 of its European businesses within three underwriting companies, but the move will not affect U.S. operations, a spokeswoman said.
The Zurich, Switzerland-based company announced today that it intends to form three legal entities based in Luxembourg to serve as underwriters of most of its European reinsurance and insurance business.
Swiss Re said the new entities would result in “more efficient capital management, administration and reporting.”
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
